If you purchase from Bluegreen, the purchase will be a points purchase in the BG Vacation Club (BGVC). If the deed backing up your points (The BGVC Trust owns the actual deed) is at Blue Ridge Village, you can claim your unit/week 11-13 months out. At exactly 11 months out, all of us in BGVC have access to that unit/week.
If you buy resale, the only real benefit you lose is that you can only use Bonus Time at Blue Ridge. CAUTION: If you buy resale right now, your purchase will be either a fixed or flex/float week that is NOT in the BGVC or it will be a points week in the Festiva Club and NOT in the BGVC. The only way you can get a guaranteed Blue Ridge BGVC unit/week resale is when someone buys directly from BG and later sells it. That may take several years.
We don't know if BG acquired any inventory on September 1. If they did, it will not go into the BGVC inventory until someone buys a unit/week directly from BG. And that may be happening even as we speak if BG has geared up to start selling September 1. However, if Corporate BG did acquire some inventory as of September 1, they "might" give BGVC owners access to it and do an internal trade for some other unit/week. If Corporate BG did not acquire any inventory, they will simply act as a real estate agent for whomever holds the unsold inventory. We should also remember as one other poster commented, BG will be working on holders of deeds to fixed or flex/float unit/weeks to convert to BG Points and working on Festiva owners to convert to BG Points. All for a price, of course.
If you really want to be in the BG program (I am and am happy with it) and you want to be guaranteed that you can get in to Blue Ridge, when you purchase make doubly sure that your points are backed up by a Blue Ridge deed. You could conceivably buy at the Blue Ridge location and get your points backed up by a resort in Las Vegas or the Bahamas or Florida, etc. if you are not paying attention. The sales people might say that they aren't set up to sell Blue Ridge inventory yet but that you can always get in. Yes, but some 160,000+ other members might also be trying to get in. If your heart is set on Blue Ridge most of the time (but occasionally the Florida Keys some years and Arizona other years with no exchange fee), be sure your points are backed up by a Blue Ridge deed. And if you want it for skiing, make sure the unit/week isn't in the summer. (Of course you could buy a fixed or flex/float ski week and then trade it in to BG and get BG points for it.)
Finally, current owners of whatever at Blue Ridge will continue to operate as they did in the past except the employees they see at the resort will be BG employees and not Festiva employees (even though they may be the same person).
Charles